According to the latest report by IMARC Group, titled “Indian PCB (Printed Circuit Board) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the Indian PCB (Printed Circuit Board) market reached a value of US$ 2.97 Billion in 2020. Looking forward, the PCB market in India is expected to exhibit strong growth during 2021-2026. A printed circuit […]
Growth Forecast for Indian PCB Market: Trends and Insights (2021-2026)
According to the latest report by IMARC Group, titled “Indian PCB (Printed Circuit Board) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the Indian PCB (Printed Circuit Board) market reached a value of US$ 2.97 Billion in 2020. Looking forward, the PCB market in India is expected to exhibit strong growth during 2021-2026. A printed circuit board (PCB) refers to an electronic circuit panel that provides a uniform flow of current. It is equipped with copper sheets that are laminated on a non-conductive substrate to enable efficient functioning of the board. It is embedded in numerous electronic and computing devices, such as computers, gaming consoles, smartphones and high-tech industrial devices. Apart from this, it is also utilized in the manufacturing of drug metering devices and radar systems.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Indian PCB (Printed Circuit Board) Market Trends and Drivers:
The market in India is primarily driven by significant growth in the consumer electronics sector. With rapid digitization across the sector and the improving purchasing power of individuals, there has been a considerable rise in the sales of various electronic devices, including personal computers, tablets and mobile phones, which is creating a positive outlook for the market. Moreover, the market is further driven by the numerous initiatives undertaken by the Government of India, such as Made in India and Digital India, to encourage the uptake of home-grown electronic devices among the masses.
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Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- AT&S
- Epitome Components Ltd.
- Shogini Technoarts
- Cipsa Tech India
- Nano Electrotech Pvt Ltd
- PCB Power Ltd
- Sulakshana Circuits Ltd
- Vintek Circuit India Pvt Ltd
- Hi-Q Electronics Pvt Ltd
- Meena Circuit Pvt Ltd
- India Circuit Ltd (Garg Electronics)
Breakup by Product Type:
- Rigid 1-2 Sided
- Standard Multilayer
- Flexible Circuits
- HDI/ Microvia/Build-Up
- Rigid Flex
- Others
Breakup by Application:
- Consumer Electronics
- Communication
- Industrial Electronics
- Computers
- Military & Aerospace
- Automotive
- Medical Instrumentation
- Others
Breakup by Layer:
- Single-Sided
- Double-Sided
- Multi-Layer
Breakup by Segment:
- Rigid PCBs
- Flexible PCBs
Breakup by PCB Laminate Type:
- FR-4
- Polyamide
- CEM-1
- Paper
- Others
Breakup by Manufacturing Type:
- Bare PCBs
- Populated PCBs
Breakup by Region:
- Maharashtra
- Tamil Nadu
- Karnataka
- Gujarat
- Other States
Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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